In the year 2003, a total of 6.9 million passengers took a cruise vacation. the number of cruise passengers has been growing by 7% each year since 2003. assume that this growth rate continues. complete the formula that computes n n, the number of cruise passengers (in millions) t t years after 2003.

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?